240 Vulture StreetSouth Brisbane QLD 4101
Property Details for 240 Vulture St, South Brisbane
240 Vulture St, South Brisbane is a 11 bedroom, 6 bathroom Unit with 7 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in October 1997.
Last Listing description (February 2023)
Showcasing to the market an extraordinary investment portfolio, namely, 'San Luca' apartments. Comprising five rental ready apartments with an additional 300sqm of surplus land, this opportunity in the center of South Brisbane presents enormous potential for an investor or astute home-buyer alike. With a North facing aspect and stunning views of the CBD and Brisbane River, this property is a rare find.
Attracting an estimated 11 million visitors annually, South Bank is home to more than 90 cafes, bars and restaurants; world-renowned art galleries and museums; Queensland's Performing Arts Center; numerous five-star hotels, stunning riverside parklands, among various other landmark attractions.
Property details:
- 2 x 2 Bedroom Units + Multi Purpose Room
- 1 x 3 Bedroom Unit
- A total of 7 secure car bays
When it comes to location, this investment is superbly positioned opposite the Mater Hospital Precinct. With enviable investment location, here you can share in the many rewards of South Brisbane's cultural icons, namely, its celebrated Riverside dining, thriving universities within walking distance, and a world-class transport network all just minutes away from the city.
Follow the gentle turns of the river to find leading art galleries, international boutiques, and natural parklands. Stroll to the Queensland Performing Arts Centre and Gallery of Modern Art, or head to a game or concert at the nearby Gabba stadium. Navigate the river by CityCat and walk or cycle to the CBD. In the heart of the upcoming 2032 Olympics precinct and with the Cross River Rail soon to be complete for convenient travel, this property makes for an appealing long term investment.
Located approximately:
- 125m to Mater Hill Busway Station
- 125m to Maritime Museum Ferry Terminal
- 600m to South Brisbane Train Station
- 1km to CBD
Buyers seeking a prime investment minutes from the Brisbane CBD and guaranteed to achieve growth over the coming years, need look no further.
Contact Luke O'Kelly and Jim Ampelas on 0436 332 483 to secure your inspection or for further information.
Property History for 240 Vulture St, South Brisbane, QLD 4101
- 17 Jan 2023Listed for Sale AUCTION
- 29 Oct 2020Listed for Sale Offers over $3.5 million
- 17 Mar 2020Listed for Rent - Price not available
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About South Brisbane 4101
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,558 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:
- The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
- Houses have a median rent of $795 while Units have a median rent of $805.
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